10-Q Filing

Xenetic Biosciences, Inc. CIK: 1534525 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001255294-13-000560`
Period End Date	20130531
Filing Date	20130717
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	gaif-20130531.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 82 Cash Flow Statement 53

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$62.18K	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	$33.06K	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`Cash`	$32.01K	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.07K	USD	Point-in-time
Preferred Stock, Issued and outstanding	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Preferred Stock, Issued and outstanding	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$29.10K	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$99.11K	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$100.35K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$131.11K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	35.00M	shares	Point-in-time
Fixed Assets, net of accumulated depreciation of $35,420 and $19,481, respectively	`PropertyPlantAndEquipmentNet`	$193.02K	USD	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	135.00M	shares	Point-in-time
Fixed Assets, net of accumulated depreciation of $35,420 and $19,481, respectively	`PropertyPlantAndEquipmentNet`	$177.08K	USD	Point-in-time
Common Stock, Issued and outstanding	`CommonStockSharesIssued`	135.00M	shares	Point-in-time
Total assets	`Assets`	$324.13K	USD	Point-in-time
Total assets	`Assets`	$277.43K	USD	Point-in-time
Accumulated Depreciation of Property	`AccumulatedDepreciationDepletionAndAmortizationProperty`	$19.48K	USD	Point-in-time
Accumulated Depreciation of Property	`AccumulatedDepreciationDepletionAndAmortizationProperty`	$35.42K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$190.67K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$147.46K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$23.15K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$13.56K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$170.61K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$204.23K	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$212.81K	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$212.81K	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$212.81K	USD	Point-in-time
Total liabilities	`Liabilities`	$383.42K	USD	Point-in-time
Total liabilities	`Liabilities`	$417.04K	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding at May 31, 2013 and August 31, 2012, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding at May 31, 2013 and August 31, 2012, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 300,000,000 shares authorized, 135,000,000 shares issued and outstanding at May 31, 2013 nad August 31, 2012, respectively	`CommonStockValue`	$135.00K	USD	Point-in-time
Common stock, $0.001 par value; 300,000,000 shares authorized, 135,000,000 shares issued and outstanding at May 31, 2013 nad August 31, 2012, respectively	`CommonStockValue`	$135.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$240.99K	USD	Point-in-time
Deficit accumulated during development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$227.91K	USD	Point-in-time
Total stockholders' (deficit)	`StockholdersEquity`	$-92.91K	USD	Point-in-time
Total stockholders' (deficit)	`StockholdersEquity`	$-105.99K	USD	Point-in-time
Total liabilities and stockholders' (deficit)	`LiabilitiesAndStockholdersEquity`	$324.13K	USD	Point-in-time
Total liabilities and stockholders' (deficit)	`LiabilitiesAndStockholdersEquity`	$277.43K	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Revenue,	`Revenues`	$86.15K	USD	3 Qtrs
Revenue,	`Revenues`	$39.41K	USD	1 Quarter
Revenue,	`Revenues`	$217.72K	USD	7 Qtrs
Revenue,	`Revenues`	$88.26K	USD	3 Qtrs
Revenue,	`Revenues`	$36.43K	USD	1 Quarter
Cost of sales	`CostOfServices`	$9.93K	USD	1 Quarter
Cost of sales	`CostOfServices`	$9.93K	USD	7 Qtrs
Cost of sales	`CostOfServices`	-	USD	1 Quarter
Cost of sales	`CostOfServices`	-	USD	3 Qtrs
Cost of sales	`CostOfServices`	$9.93K	USD	3 Qtrs
Gross profit	`GrossProfit`	$36.43K	USD	1 Quarter
Gross profit	`GrossProfit`	$207.79K	USD	7 Qtrs
Gross profit	`GrossProfit`	$95.01K	USD	3 Qtrs
Gross profit	`GrossProfit`	$86.15K	USD	3 Qtrs
Gross profit	`GrossProfit`	$29.48K	USD	1 Quarter
Fuel and oil	`ProductionCosts`	$8.44K	USD	3 Qtrs
Fuel and oil	`ProductionCosts`	$9.91K	USD	1 Quarter
Fuel and oil	`ProductionCosts`	-	USD	1 Quarter
Fuel and oil	`ProductionCosts`	$35.70K	USD	7 Qtrs
Fuel and oil	`ProductionCosts`	$19.95K	USD	3 Qtrs
Aircraft maintenance and fee	`EquipmentExpense`	$29.83K	USD	3 Qtrs
Aircraft maintenance and fee	`EquipmentExpense`	-	USD	1 Quarter
Aircraft maintenance and fee	`EquipmentExpense`	$49.75K	USD	7 Qtrs
Aircraft maintenance and fee	`EquipmentExpense`	$15.85K	USD	1 Quarter
Aircraft maintenance and fee	`EquipmentExpense`	$9.88K	USD	3 Qtrs
Management fees	`ManagementFees`	$15.26K	USD	3 Qtrs
Management fees	`ManagementFees`	$4.85K	USD	3 Qtrs
Management fees	`ManagementFees`	$6.19K	USD	1 Quarter
Management fees	`ManagementFees`	$24.65K	USD	7 Qtrs
Management fees	`ManagementFees`	-	USD	1 Quarter
Officer compensation	`OfficersCompensation`	$7.50K	USD	1 Quarter
Officer compensation	`OfficersCompensation`	-	USD	3 Qtrs
Officer compensation	`OfficersCompensation`	$7.50K	USD	3 Qtrs
Officer compensation	`OfficersCompensation`	$7.50K	USD	7 Qtrs
Officer compensation	`OfficersCompensation`	-	USD	1 Quarter
Professional fees	`ProfessionalFees`	$178.78K	USD	7 Qtrs
Professional fees	`ProfessionalFees`	$34.79K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$83.43K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$23.64K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$48.40K	USD	3 Qtrs
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$5.31K	USD	1 Quarter
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$15.94K	USD	3 Qtrs
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$35.42K	USD	7 Qtrs
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$14.17K	USD	3 Qtrs
Depreciation	`AccumulatedDepreciationDepletionAndAmortizationWritedownOfPropertyPlantAndEquipment`	$5.31K	USD	1 Quarter
Administrative fees	`AdministrativeFees`	$3.39K	USD	7 Qtrs
Administrative fees	`AdministrativeFees`	$25.00	USD	3 Qtrs
Administrative fees	`AdministrativeFees`	$3.37K	USD	1 Quarter
Administrative fees	`AdministrativeFees`	$3.37K	USD	3 Qtrs
Administrative fees	`AdministrativeFees`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$72.06K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$335.20K	USD	7 Qtrs
Total operating expenses	`OperatingExpenses`	$39.81K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$98.38K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$162.66K	USD	3 Qtrs
Net (loss) from operations	`OperatingIncomeLoss`	$-127.40K	USD	7 Qtrs
Net (loss) from operations	`OperatingIncomeLoss`	$-3.37K	USD	3 Qtrs
Net (loss) from operations	`OperatingIncomeLoss`	$-10.33K	USD	1 Quarter
Net (loss) from operations	`OperatingIncomeLoss`	$-35.63K	USD	1 Quarter
Net (loss) from operations	`OperatingIncomeLoss`	$-76.51K	USD	3 Qtrs
Interest expense	`InterestExpense`	$-9.71K	USD	3 Qtrs
Interest expense	`InterestExpense`	$-23.59K	USD	7 Qtrs
Interest expense	`InterestExpense`	$-9.78K	USD	3 Qtrs
Interest expense	`InterestExpense`	$-3.36K	USD	1 Quarter
Interest expense	`InterestExpense`	$-3.23K	USD	1 Quarter
Total other income (expense)	`OtherExpenses`	$-3.36K	USD	1 Quarter
Total other income (expense)	`OtherExpenses`	$-9.71K	USD	3 Qtrs
Total other income (expense)	`OtherExpenses`	$-9.78K	USD	3 Qtrs
Total other income (expense)	`OtherExpenses`	$-23.59K	USD	7 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperations`	$-13.08K	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperations`	$-86.29K	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperations`	$-38.86K	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperations`	$-13.69K	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperations`	$-150.99K	USD	7 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	3 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	121.30M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	135.00M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	107.15M	shares	3 Qtrs

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-150.99K	USD	7 Qtrs
Net (loss)	`NetIncomeLoss`	$-13.08K	USD	3 Qtrs
Net (loss)	`NetIncomeLoss`	$-86.29K	USD	3 Qtrs
Depreciation	`Depreciation`	$35.42K	USD	7 Qtrs
Depreciation	`Depreciation`	$15.94K	USD	3 Qtrs
Depreciation	`Depreciation`	$14.17K	USD	3 Qtrs
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-29.10K	USD	7 Qtrs
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$70.01K	USD	3 Qtrs
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-72.47K	USD	3 Qtrs
(Increase)/Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-9.07K	USD	7 Qtrs
(Increase)/Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-9.07K	USD	3 Qtrs
(Increase)/Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$147.46K	USD	7 Qtrs
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$122.87K	USD	3 Qtrs
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-43.21K	USD	3 Qtrs
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$23.15K	USD	7 Qtrs
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$9.59K	USD	3 Qtrs
Increase/(Decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$9.78K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$30.18K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.87K	USD	7 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.94K	USD	3 Qtrs
Purchase of helicopter	`HelicopterExpense`	$-212.50K	USD	7 Qtrs
Purchase of helicopter	`HelicopterExpense`	-	USD	3 Qtrs
Purchase of helicopter	`HelicopterExpense`	-	USD	3 Qtrs
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash (used) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-212.50K	USD	7 Qtrs
Proceeds from loan payable	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Proceeds from loan payable	`ProceedsFromNotesPayable`	$212.81K	USD	7 Qtrs
Proceeds from loan payable	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$35.00K	USD	3 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Common stock issued for cash	`ProceedsFromIssuanceOfCommonStock`	$45.00K	USD	7 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$257.81K	USD	7 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.00K	USD	3 Qtrs
Net increase in cash	`CashPeriodIncreaseDecrease`	$23.06K	USD	3 Qtrs
Net increase in cash	`CashPeriodIncreaseDecrease`	$62.18K	USD	7 Qtrs
Net increase in cash	`CashPeriodIncreaseDecrease`	$30.18K	USD	3 Qtrs
Cash at beginning of period	`Cash`	$62.18K	USD	Point-in-time
Cash at beginning of period	`Cash`	-	USD	Point-in-time
Cash at beginning of period	`Cash`	$33.06K	USD	Point-in-time
Cash at beginning of period	`Cash`	$32.01K	USD	Point-in-time
Cash at end of period	`Cash`	$62.18K	USD	Point-in-time
Cash at end of period	`Cash`	-	USD	Point-in-time
Cash at end of period	`Cash`	$33.06K	USD	Point-in-time
Cash at end of period	`Cash`	$32.01K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	7 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	7 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.